Chipper Cash taps Ripple for faster, low-cost cross-border payments

By Gloria Methri

Ripple and Chipper Cash have partnered to enhance cross-border payments into Africa using Ripple Payments, a crypto-powered solution for faster and more cost-effective transactions.

Chipper Cash, which serves five million customers across nine African countries, will leverage Ripple’s technology to enable seamless, 24/7 global fund transfers. This collaboration aims to reduce friction, lower costs, and improve efficiency in moving money into Africa.

“Our partnership with Chipper Cash marks a key milestone in the expansion of Ripple’s business in Africa. Consumers and businesses across the continent are increasingly recognising the potential of blockchain technology, and we are excited to bring our crypto-enabled payments solution to our partners in the region,” said Reece Merrick, Managing Director, Middle East and Africa, at Ripple.

“By integrating our technology into Chipper Cash’s platform, we are enabling faster, more affordable cross-border payments while driving economic growth and innovation across the markets they serve. With over a decade of experience in tokenising real-world assets, Ripple’s journey began by bringing fiat currencies on-chain to simplify international money transfers. As the global cross-border payments market grows, more institutions like Chipper Cash are tapping into the transformative power of blockchain technology to drive efficiency and innovation.”

“Crypto-enabled payments have the potential to enable greater financial inclusion, accelerate access to global markets, and empower businesses and individuals across Africa,” said Ham Serunjogi, Co-Founder & CEO at Chipper Cash. “Through integrating with Ripple’s global payments network, we are excited to be able to harness the transformative potential of blockchain technology to enable consumers to receive payments faster and at lower cost.”

Ripple’s partnership with Chipper Cash builds on its expansion in Africa, following its collaboration with Onafriq in 2023. With secure and compliant digital asset infrastructure, Ripple is well-positioned to help financial institutions tokenise, store, exchange, and move digital assets.

Ripple Payments offers near-global coverage across 90+ payout markets, representing over 90% of daily FX markets and processing more than $70 billion in volume. Backed by a decade of experience, Ripple holds 60+ regulatory licenses across multiple jurisdictions.